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Step 2: Identify Company’s Capital (C)

Company’s Capital (C) are


Total Liabilities less Non-Interest Bearing Liabilities:


Total Liabilities 2,350.00

less

Accounts Payable (A\P) -100.00

Accrued Expenses (A\E) -250.00

----------

Capital (C) 2,000.00

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Slide 13 of 21